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Re: Trading Pullbacks System

Meyney, Tue Mar 15, 2022 2:14 am

Crew001 wrote: Tue Mar 15, 2022 1:31 am This thread and your posts have helped me massively over the last few months. Thank you for all the work you’ve put into this, it’s much appreciated.

One point I’m still in two minds about is using the 70/80 EMAs as the bias for trades. You mentioned some time ago that you would normally only go long when the 70 is above the 80. Do you stick firmly to this, or if there a clear bounce with HH/HLs do you bend that rule?
Hi glad to hear I could help. Yes if you spot a HH/HL and even more important impulse/retace behaviour and bounce on a SD zone you can jump in. Most of the time this will be the beginning of a new 'trend' direction. But in general I wait for a clear move to be established. GY today at the left 8:36 was ok long while the MA's where shifting. I do like it when the trendline break is at the right side of the MA's (in this case above the MA's). Best M.
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